Radius Recycling Inc (NASDAQ: RDUS) on Tuesday, plunged -0.17% from the previous trading day, before settling in for the closing price of $29.70. Within the past 52 weeks, RDUS’s price has moved between $10.57 and $29.72.
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Annual sales at Basic Materials sector company grew by 5.13% over the past five years. The company achieved an average annual earnings per share of -22.64%. With a float of $25.76 million, this company’s outstanding shares have now reached $28.00 million.
Let’s look at the performance matrix of the company that is accounted for 3011 employees. In terms of profitability, gross margin is 5.78%, operating margin of -10.86%, and the pretax margin is -12.07%.
Radius Recycling Inc (RDUS) Insider Updates
Observing investor behavior towards Steel industry stocks is more important than anything else. The insider ownership of Radius Recycling Inc is 8.66%, while institutional ownership is 101.62%. The most recent insider transaction that took place on Nov 07 ’24, was worth 175,680. In this transaction SVP & President, Recycling P&S of this company sold 9,000 shares at a rate of $19.52, taking the stock ownership to the 121,017 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Officer proposed sale 9,000 for $19.50, making the entire transaction worth $175,500.
Radius Recycling Inc (RDUS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -22.64% per share during the next fiscal year.
Radius Recycling Inc (NASDAQ: RDUS) Trading Performance Indicators
Radius Recycling Inc (RDUS) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.98, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Radius Recycling Inc (RDUS)
Radius Recycling Inc (NASDAQ: RDUS) saw its 5-day average volume 1.16 million, a positive change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 82.24%. Additionally, its Average True Range was 0.20.
During the past 100 days, Radius Recycling Inc’s (RDUS) raw stochastic average was set at 99.63%, which indicates a significant increase from 81.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.79% in the past 14 days, which was lower than the 125.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.24, while its 200-day Moving Average is $19.56. Nevertheless, the first resistance level for the watch stands at $29.70 in the near term. At $29.76, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.81. If the price goes on to break the first support level at $29.59, it is likely to go to the next support level at $29.54. Assuming the price breaks the second support level, the third support level stands at $29.48.
Radius Recycling Inc (NASDAQ: RDUS) Key Stats
Market capitalization of the company is 836.19 million based on 28,202K outstanding shares. Right now, sales total 2,739 M and income totals -266,410 K. The company made 642,510 K in profit during its latest quarter, and -32,980 K in sales during its previous quarter.
